Johannesburg, 22 Nov 2016
Kerridge Commercial Systems (KCS), a global company headquartered in the UK, has reached an agreement to acquire Integrity Software, based in Johannesburg, South Africa, and its successful suite of products. This acquisition is a key strategic investment for KCS in South Africa and a positive development for Integrity Software.
KCS has acquired Integrity Software as part of its ongoing plans to grow and provide market-leading ERP and business management solutions to the distribution markets across the world. With Integrity Software, KCS adds further solutions and expertise for its core market focus of the distributive trades, and specifically, strengthens its offering for the retail-orientated distributive trades.
Furthermore, KCS can now offer its South African customers a payroll and HRIS solution. The companies will form one of the strongest ERP providers, focused on the particular needs of the distributive and retail trades in southern Africa.
KCS is the market-leading and award-winning provider of solutions, with over 1 100 distributive trade customers worldwide, focusing on wholesaler, distributor, retailer and merchant sectors. In parallel, Integrity Software has a 20-year history of delivering retail and ERP solutions to the retail and distributive trades with a similar customer profile to that of KCS. The acquisition supports the KCS strategy of continued growth through focusing on its specific area of expertise, ie, solutions for businesses that need to source effectively, stock efficiently, sell profitably and service competitively. The acquisition of Integrity Software by KCS follows the successful acquisitions of Dancik International in July 2015, and Mincron in June 2016, both in North America.
Integrity Software will continue to maintain and support the existing Integrity Software solutions and, in time, will introduce new benefits to its customers from the KCS portfolio, such as advanced e-commerce, mobile commerce, and cloud services as part of an optional upgrade path and optional added functionality. Equally, KCS will introduce modules from the Integrity Software suite to its existing K8 ERP system, such as payroll solutions, to further support its existing customers.
Speaking about the acquisition, Ian Bendelow, KCS Group CEO, commented: "This is a key strategic acquisition for us and our first in Africa, which has been an important market for us over many years. It strengthens our presence on the African continent, expands our capability and provides a further platform for growth. Integrity Software aligns with our successful business strategy of focusing on retail, trading and business management solutions for the distributive trades. We have operated in the African region from our offices in Johannesburg for some 20 years. It is a successful and important region for the KCS Group. Our customers will benefit from this acquisition by providing greater strength and depth in our South African-based team to support our functionally rich solutions to meet their business goals and challenges."
Greg Gerasimo, Managing Director of Integrity Software, states: "The acquisition by KCS brings together two great companies with similar history, culture and customer profile. The combined resources will further strengthen the services we can offer to our customers in southern Africa, and I look forward to being part of the group and leading the Integrity Software team into a new era of opportunity."
As Managing Director for the KCS Group in Africa, Des Nangle will support Gerasimo and the team, and help to ensure that benefits of being part of the larger group are available to all the KCS customers.
For more information, please visit the companies' Web sites:
www.kerridgecs.co.za
https://www.kerridgecsna.com/
www.mincron.com
www.integritysa.co.za
or contact: marketing@K8.co.za
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